Section: Latest news

The largest underground gas storage (UGS) in Western Europe, located in Reden, Germany, a small town in Lower Saxony, will become, as planned, the ownership of Gazprom. This information, published by Focus Online, was confirmed to the dpa agency in the company Wintershall – BASF “daughter.” An agreement with Gazprom, which envisages handing...

Fitch Ratings has downgraded Kyiv’s long-term foreign and local currency Issuer Default Ratings (IDRs) to ‘CC’ from ‘CCC,’ Espreso.TV has reported. The downgrade follows the city’s missed payment on October 6, 2014 of a scheduled repayment of UAH 1.125 billion. If Kyiv does not cure the overdue payment on...

Ukraine will not change its state border, and all information in this regard is untrue. Ukrainian President Petro Poroshenko said this at a mobile border detachment in Bortnychi on Tuesday when checking the readiness of border units to take measures as part of the implementation of his peace plan for eastern Ukraine. “The state border...

The International Monetary Fund forecasts reduction of Ukraine’s GDP to minus 6.5% in 2014. This is said in the IMF World Economic Outlook, made public by the Fund on Tuesday, a special correspondent of Ukrinform reports. According to forecasts for 2015, it is expected that Ukraine’s GDP will demonstrate a positive dynamics at the...

U.S. newspaper Washington Post reported on Tuesday that Russia should ensure the complete withdrawal of Russian troops and military equipment from Ukraine. According to Deutsche Welle, the report says that only the withdrawal of troops could be a prerequisite for any weakening of European and U.S. sanctions against Russia. Washington Post also...

Only 20% of industry works in Luhansk and Donetsk regions, which destabilizes the economic situation in Ukraine. Deputy Economic Development and Trade Minister Roman Kachur told this. “From 50% to 80% of industrial enterprises are not operating in Ukraine’s east. The economic situation in the state is destabilized due to the Russian...

Governor of the National Bank of Ukraine (NBU) Valeriya Hontareva has predicted the exchange rate of the hryvnia against the U.S. dollar at UAH 11.7/$1 after the stabilization of the situation in Donbas. She said this at a roundtable meeting on Monday, a Ukrinform correspondent reported. “Once we restore industrial potential, we can clearly...

People’s deputy, head of the Luhansk regional administration Hennadiy Moskal said that a resolution about the change in the administrative-territorial order of Luhansk region comes into forces since the moment of its adoption. He told journalists on the parliament’s sidelines, a Ukrinform correspondent reports. “Resolutions adopted...

Five Ukrainian servicemen have been killed in Donbas over the past day. Ukrainian National Security and Defense Council (NSDC) information and analytical center spokesman Andriy Lysenko said this at a briefing on Tuesday, Ukrinform’s correspondent reported. “Five Ukrainian servicemen have been killed in the past 24 hours as a result...